Conroy Gold and Natural Resources plc has raised €240,000 (£203,400) through the issue of unsecured and unlisted convertible loan notes to existing and new investors in the company. CLONTIBRET The conversion price for the CLNs is £0.10 per share, a 277% premium to the closing mid-market price of 2.65 pence for Conroy’s ordinary shares of […]
Tag: Clontibret – County Monaghan – Ireland
Conroy finds antimony samples at Clontibret
Conroy Gold and Natural Resources plc has discovered antimony-bearing float samples from its Clontibret gold deposit area in County Monaghan, Ireland. TREND The company said it identified the boulders during recent work near a reported historic antimony trial pit, northeast of the two historic antimony mines of Tullybuck and Lisglassan. The company noted that the […]
Conroy begins ‘robust’ 3D model for Clontibret
Conroy Gold and Natural Resources plc has begun work on a “more robust” 3D geological model at the Clontibret gold deposit in County Monaghan, Ireland. ANTIMONY Current relogging on more than 16,000 metres of drill core has so far completed the cross sections in the existing deposit. The company has also nearly completed portable XRF […]
Conroy appoints John Sherman as chairman
Conroy Gold and Natural Resources plc appointed its deputy chairman John Sherman as chairman with immediate effect. DISCS OF GOLD His appointment follows the death last month of the company’s founder and executive chairman Richard Conroy. Mr Sherman is Professor Conroy’s son-in-law. Conroy has also named its licence area as the Discs of Gold project, […]
Conroy to raise £259,000 in discounted fundraise
Conroy Gold and Natural Resources plc is to raise £259,000 via a 27% discounted placing and subscription for a total 5,452,631 ordinary shares in the company. DIRECTORS The placing raised £87,500 through the issue of 1,842,105 new ordinary shares of €0.001 each at a price of 4.75 pence. The subscription of 3,610,526 new ordinary shares […]
Conroy finds further gold continuity at Clontibret
Conroy Gold and Natural Resources plc said it had found further evidence of resource continuity at the Clontibret joint venture gold project in County Monaghan, Ireland. LODE ZONES Partner Turkish miner Demir Export S.A. is completing an eight-hole step-out drilling programme which has shown so far new gold zones and extended mineralisation. The Clontibret deposit, […]